Posts Tagged East Asia

Asia stocks extend losses after big sell-off

A man walks past an electronic stock indicator showing the Nikkei 225 index which nosedived 1,143.28 points, or 7.3 percent to close at 14,483.98 in Tokyo Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. (AP Photo/Shizuo Kambayashi)

BANGKOK (AP) — Asian stocks continued to retreat Friday after being routed the day before by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , ,

Japan stocks dive as benchmark bond yield spikes

A man walks past an electronic stock indicator showing the Nikkei 225 index which nosedived 1,143.28 points, or 7.3 percent to close at 14,483.98 in Tokyo Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. (AP Photo/Shizuo Kambayashi)

BANGKOK (AP) — Asian stock markets staged a mild recovery Friday, a day after being routed by unexpectedly weak Chinese manufacturing and fears the Federal Reserve will start withdrawing its monetary stimulus.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , , , , , , , ,

Stricken Japan nuke plant struggles to keep staff

In this Saturday, Nov. 12, 2011 file photo, workers in protective suits and masks wait to enter the emergency operation center at the crippled Fukushima Dai-ichi nuclear power station in Okuma, Japan. Tokyo Electric Power Co., the utility that runs the Fukushima Dai-ichi plant that melted down in March 2011 after being hit by a tsunami, is finding that it can barely meet the headcount of workers required to keep the three broken reactors cool while fighting power outages and leaks of tons of radiated water, said current and former nuclear plant workers and others familiar with the situation at Fukushima. (AP Photo/David Guttenfelder, Pool)

TOKYO (AP) — Keeping the meltdown-stricken Fukushima nuclear plant in northeastern Japan in stable condition requires a cast of thousands. Increasingly the plant’s operator is struggling to find enough workers, a trend that many expect to worsen and hamper progress in the decades-long effort to safely decommission it.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , ,

Arena Football League set to touch down in China

In this January 2013 photo provided by the Arena Football League, shown from left are David Niu, AFL Global President; Marty Judge, founder and owner; Tom Goodhines, Executive Vice President of Football & Operations; and Gary Morris, Executive Board Chairman, in Beijing. Ron Jaworski believes the Arena Football League is ready to touch down in China. Jaworski is part of the Philadelphia Soul's ownership group that has led the charge to bring the high-scoring sport to China. On Friday,  May 24, 2013, members of the group are scheduled to leave for China for the start of a training session. (AP Photo/Arena Football League)

PHILADELPHIA (AP) — The AFL is set to go long — really long — and touch down in China.

Read the rest of this entry »

Tags: , , , , , , , , , , ,

Japan gyrations underline economy’s vulnerability

People walk past an electronic stock indicator showing the global stock prices in Tokyo Thursday, May 23, 2013. Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. The Nikkei 225, top center, nosedived 14,483.98, or 7.3 percent to close at 14,483.98. (AP Photo/Shizuo Kambayashi)

TOKYO (AP) — Japan’s financial markets gyrated wildly Thursday, underscoring the vulnerability of its economy to a loss of investor confidence as Prime Minister Shinzo Abe attempts shock monetary easing to end two decades of stagnation.

Read the rest of this entry »

Tags: , , , , , , , , , , , , , , , , , ,